The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house ...
Quarterly consolidated revenue, at $25.3 billion, rose 1.5% year-over-year, while adjusted earnings per share, at $2.75, increased 11.3% annually. Consolidated quarterly operating profit, at $2.9 ...
United Parcel Service (NYSE:UPS) fell sharply in morning trading on Thursday after the delivery giant said it reached a deal with Amazon (AMZN) to lower its volume by more than 50% by the second half ...
Shares in express giant UPS fell today after the company revealed plans to offload 50% of its business with its largest customer Amazon ...
United Parcel Service struggles with declining revenue and profit margins, with a significant stock drop due to strategic decisions. See why UPS is a Hold now.
A contact between UPS and the United States Postal Service has ended, which could create more work for your UPS delivery driver.
(Reuters) - -United Parcel Service on Thursday forecast 2025 revenue below Wall Street estimates, as gains from cost cuts ...